Best quotes by John Buchanan Robinson on Money

Checkout quotes by John Buchanan Robinson on Money

• ‟ Capital, however capital may be defined, would practically cease to exist as an income producing fund, for the simple reason that if money, wherewith to buy capital, could be obtained for one-half of one per cent, capital itself could command no higher price.

  - John Buchanan Robinson
  

• ‟ In precisely the same way money is often hired, and the hire paid for the use of it is called Interest.

  - John Buchanan Robinson
  

• ‟ Large sums were paid for the use of money, because the available amount of gold and silver was far less than was needed to carry on the commercial transactions of the times.

  - John Buchanan Robinson
  

• ‟ Modern money is almost altogether credit money.

  - John Buchanan Robinson
  

• ‟ The business of a bank is to lend money; which amounts, nowadays, to lending credit.

  - John Buchanan Robinson